Doctor’s orders: Follow Georgia advance directives!
When it comes to following orders, MDs don’t have the best track record. This brings to mind advance directives for health care. They’re touted as estate plan essentials but do they really work? It turns out that their practical impact depends on the willingness of healthcare providers to read and heed what patients write. In her excellent book, The […]
Confidentiality agreements blocked by SEC Rule 21F-17
For whistleblowers and their past or present employers, one of the more important features of the SEC’s new whistleblower program regulations is Rule 21F-17, copied in part below. Over the years, targets of whistleblower claims have employed increasingly aggressive and sophisticated tactics — including “gag orders,” TROs, and breach of confidentiality agreement or even trade-secret-theft […]
Watch Out for Falling Chinese Derivatives: Banks Run for Cover as China Hedges Fuel Bets
As this story from Chinese markets shows, financial derivatives are often not what they seem. If you plan to use derivatives to hedge risks, don’t forget the counterparty risks inherent in the derivatives themselves. Highlighting once again the risks of doing business with state-owned Chinese companies, banks and the derivatives market took another hit on […]